Why Polycom, Inc. (NASDAQ:PLCM) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $13.090 on Polycom, Inc. (NASDAQ:PLCM) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $0.870 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Polycom, Inc. (NASDAQ:PLCM) stands at 77.112.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Polycom, Inc., the PEG ratio for coming 3-5 years is 0.950.

Technical Analysis

The technical analysis highlights that Polycom, Inc. current is trading $0.374 points away or +3.109% from its 50-day moving average of $12.041. Further it is trading $1.080 or +9.526% away its 200-day moving average of $11.335.

The 52-week high of Polycom, Inc. (NASDAQ:PLCM) was $14.090 while lowest point recorded in 52-week was $8.790. It implies if stock price makes a movement of over $-1.675, it will record a new 52-week high. In the case of +41.240% drop, it will touch a new 52-week low.

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